Special to WorldTribune.com ABU DHABI — Russia and Saudi Arabia have been negotiating a multi-billion-dollar project to develop natural gas reserves in the Gulf Arab kingdom. Officials said the state-owned Saudi Aramco was holding talks with Russia’s LukOil to develop gas reserves in Saudi Arabia. The officials said the kingdom’s Empty Quarter, despite a decade […]
Special to WorldTribune.com BAGHDAD — Iraq has approved a nearly $1 billion energy contract. The Iraqi Cabinet has endorsed a $998 million service contract with South Korea’s Samsung Engineering for the development of the West Qurna Phase-2 oil field. The Cabinet reached the decision on Jan. 24 after Samsung appeared on the final list of […]
